August 5, 2019, letter commenting on AICPA's June 2019 Exposure Draft, "Proposed Statement on Auditing Standards and Proposed Statement on Standards for Attestation Engagements – Amendments to the Description of the Concept of Materiality"

Published: Aug 05, 2019. Publicly Released: Aug 05, 2019.
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Highlights

This letter provides GAO's response to the exposure draft, Proposed Statement on Auditing Standards and Proposed Statement on Standards for Attestation Engagements – Amendments to the Description of the Concept of Materiality. GAO promulgates generally accepted government auditing standards (GAGAS), which provide professional standards for auditors of government entities in the United States.

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